JOHNSON CITY, Tenn., May 7, 2018 /PRNewswire/ — NN, Inc., (Nasdaq: NNBR) a diversified industrial company, today announced that it successfully completed its acquisition of Paragon Medical, Inc. Paragon Medical is a medical device manufacturer which focuses on the orthopedic, case and tray, implant and instrument markets. Richard Holder, President and CEO, commented, “We are […]
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JOHNSON CITY, Tenn., Feb. 22, 2018 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced it has completed the acquisition of the assets of Bridgemedica, LLC (“Bridgemedica”), a medical device company that provides concept to supply solutions through design, development engineering and manufacturing. Financial terms of the transaction were not disclosed. Richard Holder, President and CEO commented, […]
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JOHNSON CITY, Tenn., Sept. 22, 2017 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that it will relocate its global headquarters to Charlotte, North Carolina from Johnson City, Tennessee. The move supports NN’s strategy of building a diversified industrial business through improved access to customers, the availability of advanced infrastructure and enhanced logistics. Richard Holder, President and CEO, commented, “Relocating our […]
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JOHNSON CITY, Tenn., Oct. 20, 2015 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that the Company has successfully completed its acquisition of Precision Engineered Products Holdings, Inc. (PEP), a global manufacturer of highly engineered precision customized solutions serving the medical, electrical, transportation and aerospace end markets. Richard Holder, President and CEO commented, “The acquisition […]
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JOHNSON CITY, Tenn., May 29, 2015 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced it has completed the acquisition of Caprock Manufacturing, Inc. and Caprock Enclosures, LLC. Caprock was a privately held plastic components supplier located in Lubbock, TX. Financial terms of the deal were not disclosed. Caprock serves multiple end markets including aerospace, medical and general […]
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JOHNSON CITY, Tenn., Sept. 2, 2014 /PRNewswire/ — Closes $350 million term loan facility underwritten by Bank of America, N.A.Merrill Lynch, Pierce, Fenner & Smith Incorporated and KeyBank National Association and a $100 million asset backed revolver underwritten by KeyBank National Association and Bank of America, N.A. Becomes a top three global manufacturer of metal bearing and precision metal components John Kennedy Appointed to NN, Inc.’s Board of Directors […]
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JOHNSON CITY, Tenn., July 15, 2014 /PRNewswire/ — NN, Inc. (Nasdaq: NNBR) today announced that it has acquired the assets of Chelsea Grinding Company. Chelsea is a manufacturer of cylindrical rollers used primarily in the hydraulic pump industry. Financial terms of the deal were not disclosed. Chelsea, a privately-held company located in Jackson, Michigan, had sales of approximately $2.3 million in 2013. Its […]
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JOHNSON CITY, Tenn., June 25, 2014 /PRNewswire/ — NN, Inc. (Nasdaq: NNBR) today announced that it has acquired 79.2% of the outstanding shares of RFK Valjcici Konjic. RFK is a manufacturer of tapered roller bearings with operations in Konjic, Bosnia & Herzegovina. Its products, while complementary to NN’s existing roller bearing products, will broaden the Company’s product offering and allow penetration […]
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JOHNSON CITY, Tenn., Feb. 4, 2014 /PRNewswire/ — NN, Inc. (Nasdaq: NNBR) today announced that it has completed the acquisition of the assets of V-S Industries. V-S Industries is a privately held manufacturer of precision metal components with operations in Wheeling, Illinois and Juarez, Mexico. The acquisition of V-S will provide NN with a complementary, but broader product offering and will allow penetration into […]
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